Military expenditure in Liberia

Liberia: Military expenditure was 33.83 million current LCU in 2024. ◆ Volatile

Latest (2024)
33.83 million current LCU
Change on year
down 45.9%
World rank
164th
of 167 countries
All-time high
62.52 million current LCU
in 2023
All-time low
2.70 million current LCU
in 1965
Years of data
49
1965–2024

Military expenditure in Liberia, 1965–2024

020.0M40.0M60.0M196519942024

Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.

Analysis

The most recent figure for military expenditure in Liberia is 33.83 million current LCU, measured in 2024.

The figure is down 45.9% on the previous year and up 132.8% over ten years.

Over the whole period, military expenditure in Liberia peaked at 62.52 million current LCU in 2023 and was at its lowest, 2.70 million current LCU, in 1965.

Liberia ranks 164th of 167 countries on this measure, in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1960s 2.93 million current LCU 2.70 million current LCU 3.05 million current LCU 5
1970s 5.79 million current LCU 3.55 million current LCU 9.40 million current LCU 10
1980s 26.99 million current LCU 12.75 million current LCU 43.35 million current LCU 9
1990s 29.35 million current LCU 22.65 million current LCU 39.30 million current LCU 4
2000s 4.90 million current LCU 2.88 million current LCU 6.74 million current LCU 6
2010s 13.53 million current LCU 8.98 million current LCU 15.18 million current LCU 10
2020s 38.23 million current LCU 12.90 million current LCU 62.52 million current LCU 5

Countries ranked near Liberia

  1. 161 Malta 101.00 million current LCU compare
  2. 162 Belize 60.28 million current LCU compare
  3. 163 East Timor 46.40 million current LCU compare
  4. 165 Costa Rica 0 current LCU compare
  5. 165 Iceland 0 current LCU compare
  6. 165 Panama 0 current LCU compare

See the full ranking of 167 places →

More public sector data for Liberia

All data for Liberia →

Frequently asked questions

What is military expenditure in Liberia?
Military expenditure in Liberia was 33.83 million current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
What is the highest military expenditure recorded in Liberia?
The highest recorded value was 62.52 million current LCU in 2023.
What is the lowest military expenditure recorded in Liberia?
The lowest recorded value was 2.70 million current LCU in 1965.
How does Liberia rank for military expenditure?
Liberia ranks 164th out of 167 countries with data for 2024.
Is military expenditure rising or falling in Liberia?
Over the last ten years it is up 132.8%. The long-run trend across the full record is volatile.
Where does this Liberia data come from?
The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Military expenditure (current LCU)
Unit
current LCU
Source
SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
167 places, 8,248 data points, 1960–2024
Last refreshed

Military expenditure in local currency at current prices (by calendar year)